Barclays bank CEO Diamond resigns amid scandal
London (CNN) -- The chief executive of Barclays, one of the world's largest banks, resigned Tuesday in the wake of a scandal, the bank announced.
Bob Diamond's resignation is effective immediately, the bank said.
Diamond has long been a controversial figure, and has been a vocal backer of huge bonuses for bankers.
"It's about pay for performance," he told CNN earlier this year, calling bonuses "rewards for success."
The bank announced the resignation of Chief Operating Officer Jerry del Missier hours after Diamond's. Chairman Marcus Agius resigned on Monday, but in the wake of Diamond's resignation, Agius returned as chief executive on Tuesday.
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